Hutchison China Meditech Limited Notification of Dilution of Voting Rights (4464V)

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RNS Number : 4464V

Hutchison China Meditech Limited

14 April 2021

Notification of Dilution of Voting Rights

Hong Kong, Shanghai, & Florham Park, NJ: Wednesday, April 14, 2021: Hutchison China MediTech Limited ("HUTCHMED") (Nasdaq/AIM: HCM) was notified that CK Hutchison Holdings Limited (" CK Hutchison ") shareholding([1]) in HUTCHMED remains unchanged, at 332,478,770 ordinary shares of par value US$0.10 each in the capital of HUTCHMED ("Shares").

Each American Depositary Share ("ADS") represents five Shares. As announced on April 8, 2021, HUTCHMED issued a total of 16,393,445 Shares (equivalent to 3,278,689 ADSs) to funds affiliated with Baring Private Equity Asia. HUTCHMED was notified on April 14 , 2021 that this issuance diluted CK Hutchison's holding([1]) to 44.66 per cent of the total number of voting rights of HUTCHMED. The date on which the notification threshold was crossed was April 14 , 2021.

([1]) Held through CK Hutchison's indirect wholly-owned subsidiary Hutchison Healthcare Holdings Limited.

About HUTCHMED

HUTCHMED (Nasdaq/AIM: HCM) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. A dedicated organization of over 1,200 personnel has advanced ten cancer drug candidates from in-house discovery into clinical studies around the world, with its first two oncology drugs now approved and launched. For more information, please visit: www.hutch-med.com or follow us on LinkedIn .

CONTACTS

 
Investor Enquiries 
  Mark Lee, Senior Vice President                            [phone] 
  Annie Cheng, Vice President                                [phone] 
 
Media Enquiries 
  Americas - Brad Miles, Solebury Trout                      [phone] (Mobile) 
                                                              [e-mail] 
  Europe - Ben Atwell / Alex Shaw, FTI Consulting            [phone] / [phone] (Mobile) / +44 7779 
                                                             545 055 (Mobile) 
                                                             [e-mail] 
  Asia - Joseph Chi Lo / Zhou Yi, Brunswick                  [phone] (Mobile) / [phone] (Mobile) 
                                                              [e-mail] 
 
Nominated Advisor 
  Freddy Crossley / Atholl Tweedie, Panmure Gordon (UK) 
   Limited                                                   [phone] 
 

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April 14, 2021 05:30 ET (09:30 GMT)